I will show you how to start a blog in a step by step manner.
You will get my emails for the next seven days that will cover all the essential topics of blogging.
To start a blog, you need a niche… a profitable niche.
If you are not in the right niche, you can't earn money from your blog.
Now the concern is what exactly is a niche?
Niche
Niche is a very small segment of a big market that focuses on a strong need of the customer.
When you go to a bazaar in any city, you can see bakery/food shops, garment shops, and grocery shops.
Did you notice that small shop selling just Kachori or Samosa?
That is the niche market.
Of course a big sweet shop is also selling Samosa but that small shop would sell 100x Samosas per day than a big sweet shop.
Some of the niche Samosa shops or Chole Bhature shops have more than 1 crore annual turn over in my state Punjab.
A small shop has less operational expenses, less wastage but more profit margins.
The cost of failure is also very less when we start small in a niche market.
"Amazon" is an example of big marketplace that handles multiple niches whereas "firstcry" is selling just baby products so highly successful in micro niche of baby products.
Similarly, a US-based online shoe selling portal "Zappos" is a good example of micro niche of selling only shoes online.
Do you know Amazon also started with a super niche market of selling books online?
Flipkart also replicated the model of Amazon - selling only books online.
Success Secret : Start with a super niche blog and then expand as you grow.
Picking A Profitable Niche
A profitable niche means a segment in the market where people have a strong need and you have a high chance of making money.
Just be with me and I will talk a lot about making money in this blogging course.
Niche Blog = More Money but Less Effort
My blog CashOverflow is about saving money & investing at the right place at the right time. I am focusing on a very small niche under the wide industry Finance. You can compare the difference between moneycontrol and cashoverflow.
I have published only 18 posts in the first year of my blogging, which means it takes less effort in content generation when we focus on a niche blog.
I could get more time for the promotions and guest posting that helped me increase the traffic of my blog.
I was able to make more money (subjective) from my blog as compared to other financial blogs which were writing on each and every topic of finance.
My Secret: I monetised from affiliate marketing & exclusive partnerships in finance while others were depended only on Adsense income.
Take action on each day of this blogging series.. And on the last day I will talk in detail about monetising a blog.
Right niche selection decides the future of your blogging journey
You either have no idea about the niche or you have multiple niche ideas. That makes people confused & lazy.
Some people don't pick a profitable niche like 'Health & Fitness' because of the fear of high competition and end up starting a blog in a poorly monetizable niche like 'poetry'.
If you are confused like that - better to start 2 blogs and host on the same hosting to save money.
(Note: I will help you save money on hosting on Day-3)
You can start your blog in the right niche in the right way.
Pick a niche which on the
intersection of your Passion + Skills + Market Need
Niches that are highly profitable
Health and fitness is a 4.2 trillion USD industry as per Global wellness economy's report in 2017.
Cooking & Kitchen has a lot of potential as processed food market in the US is worth $683,086 million. Apart from that, the kitchen and cookware stores is worth 20 billion USD industry.
Travel industry gross bookings globally reached US$1.6 trillion in 2017. Such a huge industry it is in itself comprising of multiple small niches.
Tech and gadgets the trending sub-niches in gadgets and technology are Artificial Intelligence (AI), Blockchain & Crypto, Virtual reality (VR), Smart mobiles and smart homes. These are highly profitable also. Only Global Smart Home niche is valued at $76.62 billion in 2018.
Once you have finalized your niche, you can choose a domain for your blog, that you'll learn in the next lesson.
Pardeep Goyal
PS:
By the way, I have done the hardwork of analysing 10 profitable niches for you.
It's a detailed massive report (22,000 words) so that you can start a niche blog with full confidence in the sub-niche.
Total sub-niche ideas are more than 70 that belong to 10 most profitable industries on the earth.
Click here to read the Sample of Niche Insights Report
Let me know if you wanna grab the complete copy of the Niche Insights.
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